Next steps to growth

Get your story straight

Regulatory scrutiny and class action activity has insurers unsettled. Taking the time to formulate a strategy to represent your risk positively to insurers is now imperative for companies seeking professional indemnity and D&O insurance.

Chasing unicorns

What price intergrity of governance?

The Federal Government’s BEAR legislation has provoked outcry from the finance sector over lack of adequate consultation and incited concerns about its broader implications for Australian business in general.

Soaring sentiments and safe harbours

This year is proving to be an interesting one for the D&O market. The market is in distress but directors are optimistic about business conditions, and insolvency law reform is back on the government’s agenda

CONSTRUCTION

Put your house in order

A combination of major and attritional losses and market withdrawals has reshaped the Australian and global construction insurance market so there is less tolerance for perceived risk across all sectors and businesses must be meticulous in detailing their exposures.

CYBER

Rebooting cyber security

As legislation at home and abroad continues to develop, it is key that all businesses understand the cyber exposures they face and how best to mitigate against the threat of breaches that could be costly from both a financial and reputational perspective.

The tangled web

Cyber insurance and the year of ransomware

2017 has been a remarkable year for cyber security breaches and even if Australia has been affected comparatively lightly to the rest of the world, there has been sufficient activity to ensure alarm bells continue to sound in boardrooms across the nation.

PROPERTY

Using data to build trust

High-hazard risks looking for ISR cover are, perhaps, the most difficult market in the insurance industry at the moment. Hard-to-place property risks are facing an uphill battle when it comes to premium pricing and placing cover.

Instability calls for agile response

Keeping the lights on

It’s a challenging time for the energy sector, and concerns about reliability continue to dominate public discourse. Increased investment in renewable generation, battery storage and other technologies suggests a paradigm shift in the energy industry has well and truly occurred – but will it be enough to keep the lights on?

MARINE

Rising tide

The calm before the storm

The marine sector is currently enjoying a current period of relative calm, but a potential storm of uncertainty is on the way with regulatory reform either looking likely to be passed in 2018 or already scheduled to come into effect.

GENERAL LIABILITY

Beware the lone wolf

A changing playing field

General liability insurers are in a position of opportunity with changing market conditions. The challenge is to anticipate consumer demand and respond with more creative targeted products and services.

INSOLVENCY

Boom or bust?

Insolvency levels in Australia remain high, and a recent increase in the level of complexity of appointments is creating a challenging environment for insolvency practitioners − one which is not without its own set of risks.

Protection against non-payment

The construction industry continues to be hardest hit by insolvencies in 2017, while increased competition in the agri-export sector is stimulating a rise in open account transactions, leaving more businesses at risk of non-payment.

MEDIA AND ENTERTAINMENT

Do adjust your set

MINING

Green shoots of recovery

A combination of major and attritional losses and market withdrawals has reshaped the Australian and global construction insurance market so there is less tolerance for perceived risk across all sectors and businesses must be meticulous in detailing their exposures.

REPUTATIONAL RISK

Putting a price on reputation

Major brands suffering reputational damage is big news. What comparatively few Australian businesses realise, though, is that consequential loss of revenue due to such incidents is an insurable risk, and one that is becoming increasingly accessible.

SURETY BONDS

The great enabler

TERROR RISK

Playing for the worst-case scenario

With incidents of terrorism rising across the globe, Australian events and venue operator businesses are increasingly seeking assurances that their insurance cover will respond in the unlikely event of an act of terror on home soil.

WORKPLACE RISK

Impacts of proposed legislative changes

The bar on corporate accountability is being raised and organisations need to meet the challenge proactively by putting measures in place that manage risk and mitigate exposure in situ as well as on paper.